Indo Rama Synthetics Q4'FY14 EBITDA skyrockets 154%

"While entire world is fighting economic downturn we have been withering the tough environment and have been strengthening our cost competitiveness by virtue of cost rationalization . With the new government at the centre, we hope that much needed impetus shall be generated that will bolster interest in this sector and enable creation of new jobs, pushing up GDP growth and bringing alive the dream of inclusive growth."

"We have been successfully able to make optimum utilization of available resources so as to keep up our operational efficiencies. We hope to see improvement in the overall economic environment that should help us perform betterin the coming year. With the demand looking up in the coming year, we project that the following quarters will be better than the last."

Indo Rama Synthetics (India) Ltd